AUDUSD: 3 December 2014, Wednesday, 8.55am Singapore Time
Attached above is the chart of AUDUSD (Aussie Dollar):
Important points:
1. Successful grey resistance followed up with breakdown of dark brown classical support at $0.92000
2. Light blue support band at 0.88492-0.89043 broken down and tested successfully as resistance.
3. Critical Red support band at 0.85443-0.86577 broken down successfully.
4. Clear show of intentions: Bearish Bias and Downfall bias
5. Commodities bear market is still on-going as warned in 2013.
6. Take profits of all AUDUSD shorts and turn longs slowly at below $0.80000
6. Take profits of all AUDUSD shorts and turn longs slowly at below $0.80000
Donovan Norfolk Technical Rating:
Maintains Bearishness on Aussie Dollar
Maintains Bearishness on Aussie Dollar
Carry on to short on rebounds
All past AUDUSD analyses/trades with track records:
http://donovan-ang.blogspot.sg/search/label/AUDUSD
All past AUDUSD analyses/trades with track records:
http://donovan-ang.blogspot.sg/search/label/AUDUSD
Click "Share" on the Facebook icon at the bottom of this thread if you like it, or
if you would like to start a discussion about it with friends on your Facebook Wall.
No comments:
Post a Comment